937.09 DEBT SERVICE CHARGES.

   A debt service charge shall be levied on both inside and outside City users of the sewage works to provide funds to meet existing and anticipated principal and interest payments on the City's share of sewage works construction cost. An additional debt service surcharge shall also be levied on outside City users of the sewage treatment works to provide funds for repayment to the City for debt service costs on the City's share for certain past sewage treatment works improvements designed with the intent of providing conveyance and treatment capacity to service outside City users. The method to be used to establish the debt service charges for sewage discharged to the sewage treatment works shall be defined in this Section.

   The volume of sewage from each inside and outside City user shall be subject to debt service charges per 100 cubic feet as follows:

   (a)   Charges for each billing period during a calendar year shall be based on the following values for that calendar year:

      (1)   The current total debt service payments per billing period attributable to the sewage treatment works;

      (2)   The total debt service payments per billing period attributable to past sewage works improvements designed with allowances provided for contributing sewage flows from outside City users;

      (3)   The estimated total annual water consumption of users tributary to the treatment works subject to sanitary sewer

         charges;

      (4)   Estimated water consumption subject to sanitary sewer charges, in 100 cubic feet.

   (b)   The base debt service charge per 100 cubic feet for each inside and outside City user shall equal:

      (1)   The total debt service payments pursuant to subsection(a)(1) hereof, divided by

      (2)   The estimated total annual water consumption pursuant to subsection(a)(3) hereof times

      (3)   Estimated water consumption subject to sanitary sewer charges, in 100 cubic feet pursuant to subsection (a)(4) hereof.

   (c)   The debt service surcharge per 100 cubic feet for each outside City user shall equal:

      (1)   The total debt service payments pursuant to subsection (a)(2) hereof, divided by;

      (2)   The estimated total annual water consumption pursuant to subsection(a)(3) hereof, times;

      (3)   The estimated water consumption subject to sanitary sewer charges, in 100 cubic feet pursuant to subsection (a)(4) hereof.

      Debt service charges pursuant to this section shall be billed pursuant to Section 937.14. The rates shall be as pursuant to Section 937.11 and shall be reviewed biennially to reflect changing annual water consumption of users tributary to the treatment works.

      (Ord. 92-008. Passed 1-7-92.)